India's 10 Hottest Real Estate Cities to Watch Out in 2012

9) Kolkata

The capital city of West Bengal, Kolkata is witnessing healthy real estate movement. The demand for housing and commercial property is increasing at a faster pace with the emergence of multinational companies, especially information technology (IT) firms.

According to Sudhir Sinha, India president and chief operating officer of Best Western, "The realty sector in Bengal is expected to grow at a handsome rate of 15-20 per cent in 2012."